A strategic partner at Avesis Managed Health Care, Alan S. Cohn offers flexible health care programs to meet America’s needs. Since 1999, Alan S. Cohn has served as the CEO of AbsoluteCARE, a patient-centered ambulatory ICU that caters exclusively to the 3-5 percent of the US population that consumes 30-40 percent of health care dollars.
Healthcare has its own 5 percent. According to a 2009 study by the Department of Health and Human Services, in both 2008 and 2009, 5 percent of Americans accounted for almost 50 percent of all health care spending. The top 1 percent of patients were responsible for 21.8 percent of the $1.26 trillion spent on healthcare annually. Seniors aged over 65 made up 42 percent of the top 5 percent, followed by middle-aged Americans at 40 percent.
Looking at it from a per capita perspective, each of the top 5 percent spent about $35,829 on medical bills, while the bottom 50 percent spent only $232. For the top 5 percent, a third of those costs were spent in the last month of life. By catering exclusively to this high acuity, chronically ill segment, AbsoluteCARE provides quality care at low costs while achieving superior health outcomes – healthcare’s triple aim.